QQQ COMPLETELY OVER BOUGHT..DOT COM ALL OVER AGAIN
LINEAR REGRESSION INDICATES QQQ TOUCHING THE TH UPPER BAND ON THE WEEKLY VIEW [SIMILAR TO THE SPY].
A CORRECTION IS IMMINENT WITHIN 1Q 2020.
IN THE REGRESSION MODEL AS WELL FIBONACCI, WE ARE LIKELY TO SEE A NICE PULL BACK TO 200-199 LEVEL, AND IF IT BREAK THAT VALUE, THE SLIDE CAN CONTINUE TO 183-181 LEVEL.
NO RECESSION IN UNLESS... THE LOWER BAND LEVELS IS COMPLETELY OBLITERATED.
CHEERS
A CORRECTION IS IMMINENT WITHIN 1Q 2020.
IN THE REGRESSION MODEL AS WELL FIBONACCI, WE ARE LIKELY TO SEE A NICE PULL BACK TO 200-199 LEVEL, AND IF IT BREAK THAT VALUE, THE SLIDE CAN CONTINUE TO 183-181 LEVEL.
NO RECESSION IN UNLESS... THE LOWER BAND LEVELS IS COMPLETELY OBLITERATED.
CHEERS
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